November 20, 2012 1:02 PM | 1 min read |
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Credit Suisse raised its rating on Boardwalk Pipeline Partners (NYSE: BWP) from Neutral to Outperform and reiterated its previous $29 price target. Credit Suisse commented, "The recent slump in MLPs in general and BWP in particular has driven down BWP's unit price to a level that we believe makes BWP attractive for purchase. BWP faces nearly zero direct commodity price risk in its operations with nearly 95% of its LTM revenues derived by capacity reservation and utilization charges. As of Monday's close, BWP's yield has reached 8.50%, and it currently trades at an over 200 bp discount to the AMZX and a gaping 689 bp discount to the US 10 Yr Treasury - the largest discount to the 10 yr since early 2009 at the height of the financial crisis."Boardwalk Pipeline Partners closed at $25.06 on Monday.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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